Ramco Systems Ltd.

BSE: 532370 | NSE: RAMCOSYS
Small Cap | IT - Software
429.10
0.00 (0.00%)
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Ramco Systems zooms on bagging order from AP Cargo Logistic Network

Date: 09-08-2018

Ramco Systems is currently trading at Rs. 387.00, up by 9.95 points or 2.64% from its previous closing of Rs. 377.05 on the BSE.

The scrip opened at Rs. 391.95 and has touched a high and low of Rs. 407.80 and Rs. 381.00 respectively. So far 11107 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 572.90 on 11-Jan-2018 and a 52 week low of Rs. 318.10 on 28-Jun-2018.

Last one week high and low of the scrip stood at Rs. 413.90 and Rs. 375.10 respectively. The current market cap of the company is Rs. 1174.17 crore.

The promoters holding in the company stood at 54.72%, while Institutions and Non-Institutions held 22.93% and 22.35% respectively.

Ramco Systems has bagged order multi-million-dollar software deal from AP Cargo Logistic Network, Philippines’ leading domestic provider of express logistics for air cargo and other goods.

AP Cargo Logistic Network will implement Ramco Systems’ Logistics Software to streamline its freight operations nationwide. As part of the agreement, Ramco will implement its unified, mobile-friendly modules for transport management, hub management; warehouse management, fleet management, visibility; rating and billing, finance and accounting, integrated with end-to-end HR and Payroll compliant with Philippines’ statutory requirements at AP Cargo.

Ramco Systems is a fast-growing enterprise software player disrupting the market with its multi-tenant cloud and mobile-based enterprise software in HCM and Global Payroll, ERP and M&E MRO for Aviation.